Elico Healthcare Services Ltd
Website:
elicohcs.com
Job details:
Company Description Elico Healthcare Services Ltd. is a trusted healthcare partner specializing in holistic, tailor-made Revenue Cycle Management (RCM) solutions for hospitals, physician groups, EMS providers, and credentialing and contracting agencies. Promoted by Elico Ltd., a technology leader in laboratory analytical instruments with more than six decades of innovation and business excellence, the company brings strong technical and industry expertise to its clients. Its value-based strategies and integrated analytics help enhance patient care while improving financial performance and ensuring transparent reporting. Since 1999, Elico Healthcare Services has delivered consistently high-quality outcomes and is recognized as a reliable partner in the healthcare industry. The company operates through strategic business units in Hyderabad, Chennai, and Mysore, employing over 850 professionals dedicated to meeting customer requirements.
Role Description
We are looking for a finance professional to manage end-to-end accounting, compliance, and financial reporting for the Indian parent entity and its US subsidiary. The role requires strong expertise in multi-entity accounting, cross-border transactions, and coordination with auditors and consultants across geographies.
Location : Sanathnagar , Hyderabad
Key Responsibilities
1. Financial Accounting & Book Closure
· Manage end-to-end accounting for Indian entity and US subsidiary
· Ensure timely monthly, quarterly, and annual book closure
· Maintain accurate financial records in line with Indian Accounting Standards (Ind AS) and US GAAP (as applicable)
· Review journal entries, provisions, accruals, and adjustments
2. Consolidation & Group Reporting
· Prepare consolidated financials including intercompany eliminations
· Reconcile intercompany balances and resolve discrepancies
· Handle multi-currency accounting and translation (USDINR)
· Support management reporting and MIS across entities
3. Compliance & Regulatory
India:
· Ensure compliance with GST, TDS, Companies Act, and other statutory requirements
US:
· Coordinate with US CPA firms for accounting, tax filings, and compliance with Internal Revenue Service (IRS) requirements
· Maintain documentation and support for regulatory filings
4. Audit & Controls
· Lead statutory audits for Indian entity and coordinate US audits
· Ensure readiness for internal and external audits
· Strengthen internal controls and financial governance across entities
· Maintain proper documentation and audit trails
5. Foreign Exchange & Treasury
· Account for foreign currency transactions and forex gains/losses
· Monitor currency exposure and support hedging decisions (if applicable)
· Coordinate cross-border fund flows and repatriation
6. Systems & Process Improvement
· Work with ERP systems (e.g., SAP ERP, Oracle NetSuite, MS Dynamics or equivalent)
· Drive automation and standardization of accounting processes
· Improve closing timelines and reporting accuracy
7. Stakeholder Coordination
· Liaise with US subsidiary teams, auditors, tax consultants, and advisors
· Work closely with internal teams (sales, operations, R&D) for financial inputs
· Provide actionable financial insights to leadership
Key Requirements
Education & Experience
· CA / CPA / CMA (preferred)
· B.Com/M.Com/MBA
· 6 plus years of experience in finance & accounting
· Experience handling overseas subsidiaries (preferably US)
Technical Skills
· Strong knowledge of Ind AS and exposure to US GAAP
· Experience in consolidation and multi-entity accounting including transfer pricing
· Understanding of cross-border taxation and compliance
· ERP proficiency (SAP / NetSuite / similar)
· Strong Excel and MIS/reporting skills
Behavioral Competencies
· High ownership and accountability
· Ability to work across time zones
· Strong problem-solving and analytical skills
· Attention to detail with a process-oriented mindset
Success Metrics (KPIs)
· Timely and accurate monthly closing across entities
· Zero major audit qualifications
· Clean intercompany reconciliations
· Compliance adherence (India & US)
· Improved reporting timelines and process efficiency
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